NOT LISTED FOR SALE

556 Lydia St NE Grand Rapids, MI 49503

Estimated Value: $233,000 - $308,650

4 Beds
1 Bath
2,646 Sq Ft
$99/Sq Ft Est. Value

Last Sold October 07, 2022

Last sale price $185,000 $70 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,701/month

5 Days on Market

Highlights

  • Traditional Architecture
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of October 2022

Don't hesitate to jump on this 4 bedroom single family home within 1 mile of Spectrum Hospital and even closer to 196 for easy commuting. Professionally managed by United Properties of West Michigan. Located in NE Grand Rapids. This would make a perfect owner occupant property or investment property with rents in the area up to $2250. Large open main level with master bedroom. This property includes a detached two stall garage for convenient parking and storage. Seller is reviewing offers as they come in.

Last Agent to Sell the Property

Tim VandenToorn

United Realty Services LLC License #6502392770 Listed on: 09/14/2022

Last Buyer's Agent

R. Leo Olson

Five Star Real Estate (M6) License #6502403787

Five Star Real Estate (M6)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,852

Year Built

  • Built in 1900

Lot Details

  • 5,750 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 2,646 Sq Ft Home
  • 2-Story Property
  • Basement
  • Michigan Basement
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Phone Available
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,852

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1900
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 50*115
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2646.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 2852.0
  • Tax Info:Zoning3: residential
  • Waterfront Options:Water Access YN: No
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Substructure:Michigan Basement: Yes
  • General Property Info:SqFt Above Grade: 2646.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Traditional: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 4
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Michigan Basement
  • LivingArea: 2646.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 1323.0

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 189900.0
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Storm Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Dimensions: 50*115
  • Lot Size Sq Ft: 5750.0
  • Zoning Description: residential

Tax Info

  • Tax Annual Amount: 2852.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2022
Closed on
Sep 30, 2022
Sold by
Dreyer Steven Lee
Bought by
Ramirez Valeriano Tem
Seller's Agent
Tim VandenToorn
United Realty Services LLC
Buyer's Agent
R. Leo Olson
Five Star Real Estate (M6)
List Price
$189,900
Sold Price
$185,000
Premium/Discount to List
-$4,900
-2.58%
Views
4
Current Estimated Value
$267,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,130
Avg. Annual Appreciation
13.06%
Original Mortgage
$185,311
Outstanding Balance
$177,375
Interest Rate
5.13%
Mortgage Type
Balloon
Estimated Equity
$84,788

Purchase Details

Listed on
Apr 26, 2018
Closed on
Jun 14, 2018
Sold by
Mulligan Gary and Kornolejie Mary Elizabeth
Bought by
Dryer Steven Lee
Seller's Agent
Megan Kornoelje
Keller Williams GR East
Buyer's Agent
Jacob Thomas
United Realty Services LLC
List Price
$125,000
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.50%
Original Mortgage
$100,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2012
Sold by
Deutsche Bank National Trust Company
Bought by
Mulligan Gary

Purchase Details

Closed on
Apr 27, 2011
Sold by
Kucharski Melissa R
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Nov 17, 2006
Sold by
Raube Eric and Raube Louise
Bought by
Kucharski Melissa R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,180
Interest Rate
9.87%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 27, 2002
Sold by
Tavolacci Brian
Bought by
Raube Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,920
Interest Rate
5.62%

Purchase Details

Closed on
Oct 22, 1999
Sold by
Rcrtnl Dbt and Rcrtnl Tavolacci
Bought by
Mulligan Tavolacci and Mulligan Gary

Purchase Details

Closed on
Apr 29, 1999
Sold by
Rcretnal Dhud and Rcretnal Debut
Bought by
Rcretnal Debut and Mulligan Gary

Purchase Details

Closed on
Dec 1, 1998

Purchase Details

Closed on
Jan 7, 1998

Purchase Details

Closed on
Dec 5, 1996
Sold by
Vanderveen Vanderveen P P and Vanderveen Wilson
Bought by
Mulligan Wilson J and Mulligan Gary

Purchase Details

Closed on
May 25, 1994
Sold by
Straziisar Straziisar M M and Vndrvn Straziisar
Bought by
Mulligan Gary

Purchase Details

Closed on
Jan 8, 1992
Sold by
Kreiser Kreiser F F and Kreiser Vndrveen P
Bought by
Mulligan Gary

Purchase Details

Closed on
Nov 16, 1984
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ramirez Valeriano Tem $185,000 Irongate Title Agency
Dryer Steven Lee $125,000 Bell Title Agecny
Mulligan Gary $16,759 Premium Title Services Inc
Deutsche Bank National Trust Company $94,268 None Available
Kucharski Melissa R $90,200 None Available
Raube Eric $84,900 --
Mulligan Tavolacci $73,400 --
Rcretnal Debut $32,000 --
-- -- --
-- -- --
Mulligan Wilson J $48,900 --
Mulligan Gary $31,000 --
Mulligan Gary $9,000 --
-- $27,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Valeriano Tem $185,311
Previous Owner Dreyer Steven Lee $105,000
Previous Owner Dryer Steven Lee $100,000
Previous Owner Kucharski Melissa R $81,180
Previous Owner Raube Eric $11,000
Previous Owner Raube Eric $67,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2022 10/07/22 Sold $185,000 -2.6% $70 / Sq Ft
09/19/2022 09/19/22 Pending -- -- --
09/14/2022 09/14/22 For Sale $189,900 +51.9% $72 / Sq Ft
06/14/2018 06/14/18 Sold $125,000 0.0% $91 / Sq Ft
05/12/2018 05/12/18 Pending -- -- --
04/26/2018 04/26/18 For Sale $125,000 -- $91 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,867 $109,900 $0 $0
2024 $2,867 $97,600 $0 $0
2023 $2,859 $86,100 $0 $0
2022 $2,966 $77,600 $0 $0
2021 $2,890 $62,100 $0 $0
2020 $2,794 $61,100 $0 $0
2019 $2,860 $53,600 $0 $0
2018 $1,938 $48,000 $0 $0
2017 $1,890 $42,400 $0 $0
2016 $1,900 $39,200 $0 $0
2015 $1,810 $39,200 $0 $0
2013 -- $34,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 22039573

Southwestern Michigan Association of REALTORS®

APN: 41-14-19-404-015